“This program continues to be a shining example of the diverse companies creating a new face for our local economy.”
On Thursday, December 1st, five scaling companies across a diverse cross-section of regional sectors had the opportunity to make their pitch in front of a group of seasoned investors, industry experts, and celebrity judge, Vivian Kaye. The scaleups are part of the sixth cohort to graduate from the award-winning ScaleUP Accelerator program, launched by WEtech Alliance and generously powered in 2022 by Libro Credit Union and Invest WindsorEssex.
“This program continues to be a shining example of the diverse companies creating a new face for our local economy.” said Stephen MacKenzie, President and CEO at Invest WindsorEssex. “This year is no exception, with participants in Automobility, Healthtech, Fintech, and Greentech, Windsor-Essex continues to be a region of makers and growers. What we make and how we grow is evolving, and companies like the ones in this year’s ScaleUP cohort are leading the charge.”
The theme of this year’s program centered around adapting to uncertainty, and building flexibility into business planning. Participants learned from renowned experts and mentors on how to apply positive psychology, financial modeling, and global economic outlooks to their individual business circumstances, in order to fuel their decision making process.
“At Libro, we know that every business is human-powered,” said Lori Atkinson, Regional Manager (Windsor-Essex) at Libro Credit Union. “That is why we love that the goal of this program isn’t just about more sales, or more revenue. The focus of ScaleUP is providing the people behind these businesses with the support they need to become more confident in their decision making, and to view every challenge as an opportunity to be uncovered.”
“This win isn’t just a win for Climate Neutral, this is a win for the environment and all municipalities who need it.”
The four-month accelerator program provides one-on-one mentoring, cohort sessions, and access to provincial, national and global networks of programs and mentors valued at over $78,000 per participant. Highlights of this year’s program included Psychological Resiliency Coaching with Clinical Psychologist Dr. Andrea Dinardo, sales training with “The Story Architect” and Former Dell executive, Kevin Smith, and meetings with local investors through the Windsor Essex Capital Angel Network (WECAN).
While the program content evolves annually based on the needs of the cohort, tools were designed to help the participants imagine what’s next for their businesses and prepare them for the challenges they may face in the future.
“The key is to strike a balance between encouraging activity that builds momentum in the here and now, while also delivering resources and skills upgrades that will help in the future,” said Adam Castle, Director of Venture Services at WEtech Alliance. “Four months goes by in the blink of an eye and, even though the program is designed to be fast-paced, we want to help contribute to the longevity and sustainable growth of these businesses far beyond their graduation from ScaleUP.”
Following a virtual “Dragons’ Den” style pitch that measured the cohort company’s growth over the course of the program, Climate Neutral came out as the winner.
“This course has meant a lot to me,” says Climate Neutral founder Kyle Bassett. “This win isn’t just a win for Climate Neutral, this is a win for the environment and all municipalities who need it.”
To date, ScaleUP has seen 30 graduates, over 22 million dollars in revenue earned, and 168 jobs created.
Applications for the seventh cohort will open in summer 2023. To learn more about the ScaleUP Tech Accelerator program visit www.wetech-alliance.com/scaleup.
The graduating class of ScaleUP Cohort 6 includes the following five companies:
Optimotive Technologies Inc.
Optimotive is a Windsor based startup focused on the enablement of automation for customers operating in muddy, dusty and otherwise unpredictable conditions. They build robotic offerings to be new members of the workforce, focused on automating tasks and working side by side with humans to make their life easier on a day-to-day basis. You can find their robots operating in settings like construction, mining, and oil & gas.
Learn more about Optimotive in this special episode of the Innovation Alchemy podcast, featuring Scott Fairley, Founder & CEO.
Climate Neutral is a Canadian cleantech company creating innovative digital tools to accelerate climate action. They are presently launching their flagship software – a greenhouse gas (GHG) Inventory Management System which automates the reporting, visualization and analysis of GHG and Energy for Municipalities, Cities, and Regions. This innovative platform empowers local governments with the tools to track, report, and update vital data annually – improving accountability and transparency while providing decision-makers and community members with valuable environmental impact data and insights.
Learn more about Climate Neutral in this special episode of the Innovation Alchemy podcast, featuring founder, Kyle Bassett.
The A20 Ecosystem allows accountants to embrace remote and digital nomad work styles, and to control their income, and future goals. A20 will help accounting firms connect with their clients and reduce costs and issues related to employee turnover, while increasing control of client work, quality, and efficiency. The Ecosystem ultimately helps businesses gain better service and more insight, as they work with accounting professionals to make better decisions for their businesses and families.
Learn more about A20 in this special episode of the Innovation Alchemy podcast, featuring Sarah Roddy and Ted Williamson.
REEL Outline is building technology solutions to assist pharmacists with patients’ health journeys across various sectors of care. Using REEL provides opportunities for pharmacists to perform more efficient and effective clinical services such as: medication reviews, optimizing clinical workflows, streamlining documentation processes, integration with key resources, diversifying income along with promoting patient centricity.
Learn more about REEL Outline in this special episode of the Innovation Alchemy podcast, featuring Vesna Spadafora.
GaiaDigits is a software as a service (SaaS) company focusing on a hybrid office solution, Gaia Workspace, that helps their clients migrate from traditional working mode to hybrid office mode, increase the office utilization rate, improving team collaborations, and make better balance between work and life. They transform hybrid office from concept to a measurable practice and provide analytics to evaluate hybrid office KPIs.
Learn more about GaiaDigits in this special episode of the Innovation Alchemy podcast, featuring CEO & Founder, Cheng Ye.
4:20 - Climate Neutral— WEtech Alliance (@WEtechAlliance) December 1, 2022
Climate Neutral is a #cleantech company that creates #innovative digital tools that help accelerate climate action.
Working with municipalities, cities, and regions to empower local governments with the right tools to track, report, & update data! pic.twitter.com/cFACKiCtXj